Naka
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Activity: 20
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April 18, 2014, 10:33:51 PM |
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No, it wasn't a new concept, but it practically was. Tenebrix came afterwards. Solidcoin was a scam and I0Coin, Ixcoin and Litecoin all came out within a month of each other. No Tenebrix launch: September 26, 2011, 12:09:44 AM Litecoin launch: Thursday Oct 13 2011, 03:00 GMT I was mining them both from right after the genesis block.  Well, it doesn't appear to be 2009 from this https://litecoin.info/History_of_cryptocurrencyBut you win. |
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tacotime
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Activity: 1484
Merit: 1005
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April 18, 2014, 10:34:58 PM |
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No, it wasn't a new concept, but it practically was. Tenebrix came afterwards. Solidcoin was a scam and I0Coin, Ixcoin and Litecoin all came out within a month of each other. No Tenebrix launch: September 26, 2011, 12:09:44 AM Litecoin launch: Thursday Oct 13 2011, 03:00 GMT I was mining them both from right after the genesis block. Well, it doesn't appear to be 2009 from this https://litecoin.info/History_of_cryptocurrencyBut you win. Yeah sorry, I copied that from the tenebrix source code and posted it but then realized that lolcust forgot the change the nTime in the comment from Bitcoin's, haha There was fairbrix as well that came out around the time of litecoin, but because litcoin had block reward halving and fairbrix didn't, and also because fairbrix was relatively buggy, fairbrix lost. |
XMR: 44GBHzv6ZyQdJkjqZje6KLZ3xSyN1hBSFAnLP6EAqJtCRVzMzZmeXTC2AHKDS9aEDTRKmo6a6o9r9j86pYfhCWDkKjbtcns |
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smooth
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Activity: 2968
Merit: 1198
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April 18, 2014, 10:39:27 PM |
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There was fairbrix as well that came out around the time of litecoin, but because litcoin had block reward halving and fairbrix didn't, and also because fairbrix was relatively buggy, fairbrix lost.
Or maybe the name matters. |
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Fredz91
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Activity: 60
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April 21, 2014, 02:55:19 AM |
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Looking back I can only say every time people were going to analyze btc based on experience on something far from it (ex.,gold) they've made mistakes.
So, isn't it better not to compare Bitmonero and Bytecoin with Litecoin and Bitcoin?
btw, interesting discussion why litecoin become so popular.
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madzooka
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April 21, 2014, 04:23:36 AM |
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I've posted updates on puzzles, CryptoNight, and community opportunities posted at CN forum.
Guys, what would you like to see covered in this FAQ? I'm quite stuck at the moment.
I think the last FAQ in Usage must be updated as it would be added to comkort.com soon https://comkort.com/blog/news |
Bytecoin (BCN) - true anonymity, privacy protection and only CPU-mining
Bytecoin address - 21eQrEa2wVcdnf8viyaDu78anS4aX3Kvqiyidan25UBCWRokFoTpAHk6hduLR1oBeJ7Map75dCQv4an r2meEiH4wKc1tbQh
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Cheesus
Sr. Member
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Activity: 692
Merit: 254
terra-credit.com
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April 22, 2014, 11:46:39 AM |
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I've posted updates on puzzles, CryptoNight, and community opportunities posted at CN forum.
Guys, what would you like to see covered in this FAQ? I'm quite stuck at the moment.
I think the last FAQ in Usage must be updated as it would be added to comkort.com soon https://comkort.com/blog/newsAccording to the BCN main thread comkort.com encountered some difficulties implementing Bytecoin and currently contacting it's developers.  I wonder how much time it will take. |
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Stanford
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April 23, 2014, 11:59:32 AM |
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Wow! I am surprised they are able to contact devs.
I don't even know anyone who had contacted them with success. We'll see how it would be this time.
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Monkeyseemonkeydo
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Activity: 246
Merit: 10
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April 25, 2014, 07:00:18 AM |
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I've posted updates on puzzles, CryptoNight, and community opportunities posted at CN forum.
Guys, what would you like to see covered in this FAQ? I'm quite stuck at the moment.
I think the last FAQ in Usage must be updated as it would be added to comkort.com soon https://comkort.com/blog/newsAccording to the BCN main thread comkort.com encountered some difficulties implementing Bytecoin and currently contacting it's developers. I wonder how much time it will take. "Estimation for BCN integration will be published later. We need some time for investigation." Yesterday at 18:50 "We don't have estimate yet, but we are working on it. We have many active issues today. Will keep you updated!" Hmm ... I am curious is the protocol so difficult they can't add BCN to their exchange? |
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Cheesus
Sr. Member
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Activity: 692
Merit: 254
terra-credit.com
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April 25, 2014, 08:04:26 AM |
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I've posted updates on puzzles, CryptoNight, and community opportunities posted at CN forum.
Guys, what would you like to see covered in this FAQ? I'm quite stuck at the moment.
I think the last FAQ in Usage must be updated as it would be added to comkort.com soon https://comkort.com/blog/newsAccording to the BCN main thread comkort.com encountered some difficulties implementing Bytecoin and currently contacting it's developers. I wonder how much time it will take. "Estimation for BCN integration will be published later. We need some time for investigation." Yesterday at 18:50 "We don't have estimate yet, but we are working on it. We have many active issues today. Will keep you updated!" Hmm ... I am curious is the protocol so difficult they can't add BCN to their exchange? I guess so, would love to see some more info on this from Comkort. |
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Rias (OP)
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April 25, 2014, 06:50:34 PM |
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I've found a new section on CryptoNote website, the standard transaction generation: https://cryptonote.org/inside.php#standard-transactionA standard CryptoNote transaction is generated by the following sequence covered in the white paper.
Bob decides to spend an output, which was sent to the one-time public key. He needs Extra (1), TxOutNumber (2), and his Account private key (3) to recover his one-time private key (4).
When sending a transaction to Carol, Bob generates its Extra value by random (5). He uses Extra (6), TxOutNumber (7) and Carol's Account public key (8) to get her Output public key (9).
In the input Bob hides the link to his output among the foreign keys (10). To prevent double-spending he also packs the Key image, derived from his One-time private key (11).
Finally, Bob signs the transaction, using his One-time private key (12), all the public keys (13) and Key Image (14). He appends the resulting Ring Signature to the end of the transaction (15). I'm not sure I saw it last time I visited the website. And a nice pic also:  Full-size: https://cryptonote.org/img/cryptonote_transaction.png |
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MadridReal
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April 26, 2014, 05:10:23 PM |
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Great summary, thanks! it is told that BCN was well developed from scratch. Does this mean that bytecoin is more thoughtful currency than both BTC and BTE?
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Fredz91
Member
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Activity: 60
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April 26, 2014, 05:12:52 PM |
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Wow! I am totally entangled in the scheme! Very impressive, guys who conceived the idea must be smart asses. Great summary, thanks! it is told that BCN was well developed from scratch. Does this mean that bytecoin is more thoughtful currency than both BTC and BTE?
Maybe silly question, but what is BTE?  |
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madzooka
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April 27, 2014, 11:00:56 AM |
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Maybe silly question, but what is BTE? BTE is an abbr for Bytecoin, another Bytecoin, which is Bitecoin fork only based on SHA256 and have nothing in common with Bytecoin (BCN) except the name. |
Bytecoin (BCN) - true anonymity, privacy protection and only CPU-mining
Bytecoin address - 21eQrEa2wVcdnf8viyaDu78anS4aX3Kvqiyidan25UBCWRokFoTpAHk6hduLR1oBeJ7Map75dCQv4an r2meEiH4wKc1tbQh
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keystroke
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April 27, 2014, 06:21:36 PM |
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Are the unlinkable transactions similar to bitcoin stealth addresses?
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"The difference between a castle and a prison is only a question of who holds the keys."
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smooth
Legendary
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Activity: 2968
Merit: 1198
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April 27, 2014, 10:16:36 PM |
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Are the unlinkable transactions similar to bitcoin stealth addresses?
Yes they are and it is interesting to note that the original idea comes from a very old post by a user with the nick of ... are you ready for it??? ByteCoin! https://bitcointalk.org/index.php?topic=5965.0 |
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sorryforthat
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April 29, 2014, 03:13:57 AM |
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Are the unlinkable transactions similar to bitcoin stealth addresses?
Yes they are and it is interesting to note that the original idea comes from a very old post by a user with the nick of ... are you ready for it??? ByteCoin! https://bitcointalk.org/index.php?topic=5965.0Damn smooth, you are digging for the truth. Very cool man |
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JunkieMiner
Member
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Activity: 412
Merit: 10
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April 30, 2014, 06:42:12 PM |
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Impressed by smooth ! You are our Sherlock indeed, dude!
Nice to see there is independent people who are ready to dig so deep.
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Xterry
Member
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Activity: 165
Merit: 10
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May 03, 2014, 02:05:28 PM |
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I've found a new section on CryptoNote website, the standard transaction generation: https://cryptonote.org/inside.php#standard-transactionA standard CryptoNote transaction is generated by the following sequence covered in the white paper. Bob decides to spend an output, which was sent to the one-time public key. He needs Extra (1), TxOutNumber (2), and his Account private key (3) to recover his one-time private key (4). When sending a transaction to Carol, Bob generates its Extra value by random (5). He uses Extra (6), TxOutNumber (7) and Carol's Account public key (  to get her Output public key (9). In the input Bob hides the link to his output among the foreign keys (10). To prevent double-spending he also packs the Key image, derived from his One-time private key (11). Finally, Bob signs the transaction, using his One-time private key (12), all the public keys (13) and Key Image (14). He appends the resulting Ring Signature to the end of the transaction (15). I'm not sure I saw it last time I visited the website. And a nice pic also: Full-size: https://cryptonote.org/img/cryptonote_transaction.pngfucking awesome scheme!Now everything is clear about standard CryptoNote transactions |
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MadridReal
Member
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Activity: 85
Merit: 10
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May 03, 2014, 08:36:00 PM |
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One more question about mining. I heard about new bytecoin pool is launched! The name is "Minergate Pool" where can I get more info, and any feedback?
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BigBrother
Member
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Activity: 439
Merit: 10
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May 03, 2014, 08:43:26 PM |
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One more question about mining. I heard about new bytecoin pool is launched! The name is "Minergate Pool" where can I get more info, and any feedback?
There you are welcome to mine together with us at Minergate Pool. Here is a link: https://minergate.com/ PPS Reward Low fee European servers 24/7 support Fast mining Mine bytecoins with the easiest miner ever. |
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